Keyword results: CRU

CRU
CRU

Coral Products – trading and dividend update, Buy

Plastic products company Coral Products (CRU) has issued a trading and dividend update ahead of results for its year ended 30th April 2022, helping its shares further higher to 17.5p.

CRU
CRU

Coral Products – acquisition, anticipates earnings enhancing in its first year: BUY

Coral Products (CRU) has announced it has acquired Film & Foil Solutions Limited for £1.35 million and £0.75 million in shares at 15.5p each, with some further payments on settlements on a pound for pound basis, and stating that it “anticipates that the acquisition will be earnings enhancing in its first year”.

CRU
CRU

Coral Products – acquisition earn-out on its results better than expected, Buy

In our October tip of the month, we noted on Coral Products (CRU) its acquisition of Customised Packaging Limited, a plastic products producer using sheet extrusion technology and vacuum forming capabilities. Coral has now announced it will be paying an earn-out consideration to the vendors of Customised Packaging.

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CRU
PREMIUM CONTENT

Coral Products – interims start to demonstrate profit potential, Buy

Plastic products company Coral Products (CRU) has announced its results for its half-year ended 31st October 2021 and that it “remains confident of the group’s future prospects”. This sounds encouraging.

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CRU
CRU
PREMIUM CONTENT

Coral Products – Haydock property sale completes and adds to cash backing, Buy

Coral Products (CRU) has announced the completion of sale of its freehold premises in Haydock and that net proceeds of £3.5 million have been received. This has helped the shares up to 15.5p, but still the proceeds are quite material to a £12.5 million market capitalisation.

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Bearcast
PREMIUM CONTENT

Tom Winnifrith Bearcast: Wildcat a lesson from 2001, one of its directors should need no reminding of

There was a lot of excitement today at the Welsh Hovel with moving compost pits. More on that gripping subject later. I then look at Hurricane Energy (HUR), Cellular Goods (CBX), Coral Products (CRU) – once again as a value buy, Wildcat (WCAT) and the Zoetic (ZOE) linked harassment of myself and Peter Brailey.

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Bearcast
PREMIUM CONTENT

Tom Winnifrith Bearcast: Supply@ME ends the year with another monstrous porky

I start with Joshua’s Advent calendar which today, I think, is #fakenews. Then I look at Wishbone Gold (WSBN), Coral Products (CRU) – you guys all owe me a bottle of ouzo, Sarah Willingham’s dog Nightcap, Remote Monitored Systems (RMS) and then finally  don’t all fantasise about killing me at once  the con that is Supply@ME Capital (SYME) and today’s misleading RNS. May i wish you and your families all a very Merry Christmas and please do not dare to reply with any message about Happy Holidays.

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Bearcast
PREMIUM CONTENT

Tom Winnifrith Bearcast: Sorry Nigel, it is better to travel than to arrive

I forgot to say that day 7 of Joshua’s Advent calendar sees Mary & Joseph arrive in Bethlehem where there is no room at the inn. I then express frustrations with builders.  In the actual podcast I look at why I disagree with Margaret Hodge MP with whom I share a virtual platform shortly on anonymity on the internet, Ariana (AAU) where I am, of course, a loyal shareholder, Telit (TCM), and Coral Products (CRU).

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CRU
CRU

Coral Products – director share purchases... but inspiring confidence?

“Coral Products plc (CRU), a specialist in the design, manufacture and supply of plastic products, announces that it was informed on 21 May 2019 that on that date Mick Wood, a director of the company, and Joe Grimmond, Non-Executive Chairman of the company, respectively purchased 37,037 ordinary shares and 50,000 ordinary shares in the company… In addition, Noelle Low, spouse of David Low, a non-executive director of the company, purchased 50,000 ordinary shares”. The shares have responded further higher, above 8p…

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CRU

Coral Products – from “confident” less than 4 months ago & “exciting time” less than 2 weeks ago… to a “materially below” warning!

Late November-announced half-year results saw Joe Grimmond, Chairman of “specialist in the design, manufacture and supply of plastic products” Coral Products (CRU), emphasise “delighted with the performance of the business in the first half… I am pleased to report that results to date are well ahead of the same period last year and that, in spite of the prevailing uncertainties of Brexit we remain confident of the groups future prospects”. And less than two weeks ago CEO Mick Wood was emphasising “it is an exciting time at Coral… we are proud to introduce a bespoke recycling unit into our business… confident that this recycling unit will help propel our business forward”. No worries for a trading update today then…

CRU
CRU

Coral Products – from “pleased to announce” on trading in October to a now “materially below” profit warning

Previously writing on Coral Products (CRU) in June, I noted it stating “a much improved performance”, but warned on what happened when it was previously positive and concluded to avoid. At its AGM this October, Executive Chairman Joe Grimmond was “pleased to announce that trading for the group has continued its improvement from the final quarter of last year” and “we expect further sales and margin improvement over the remainder of the current financial period”. There’s now followed a Friday 2:48pm “Trading Update”

CRU
CRU

Coral Products – notes “a much improved performance”, but what happened when it was previously positive?

“Trading Statement” announcement from Coral Products (CRU) commences “Further to the company's trading update dated 27 January 2017”. What was that update then? Oh yeah… that “profitability for the year ending 30 April 2017 is likely to be materially below management's and market expectations”

Bearcast

Tom Winnifrith Bearcast: Corporate lying & using the wrong words: I am sounding like my father

If I sound more like my father that is a good thing for he is honest and precise in his use of language, although he would not use some of the "french phrases" which occur in this podcast. I discuss the use of language and how wording has an exact meaning - this is in relation to Coral Products (CRU) which needs to clarify something. I do not think it is a fraud and it can easily blame its useless Nomad Cairn. After what it has signed off for Cloudtag (CTAG) few will fail to accept such an excuse. I then move onto deliberate lying by AIM Companies which is actually quite rare. Gross over-promotion is quite common. I explain the difference. Cloudtag and Advanced Oncotherapy (AVO) are mentioned in detail in this section. In discussing what is a fact I refer to my article of yesterday on Holocaust Memorial Day which is HERE

CRU
CRU

Coral Profits warning - this does not stack up: Boss Joe & hapless Nomad (to frauds) Cairn you are yanking my chain!

Coral Products (CRU) served up its interim results on December 8 with a bullish statement on the rest of the year. Today we are told that "a poor trading performance at its Coral Products Mouldings Limited subsidiary during November and December 2016 group profitability for the year ending 30 April 2017 is likely to be materially below management's and market expectations." WTF - how on earth was the December 8 statement not massively misleading? is that down to a deliberate wish to mislead or just incredibly bad internal financial controls?

Bearcast

Tom Winnifrith Bearcast: My father shouts out from Pedants corner

My father wants it known that my podcast joke about 14th century pews shows how ignorant his son is as pews only arrived in churches in the nineteenth century. Moving on...I look at how events at Taihua (TAIH) and African Potash (AFPO) show what a joke regulation on AIM has become. I comment on Blenheim Natural Resources (BNR), Strat Aero (AERO), Avanti Capital (AVA) and its chairman Phil "InterX" Crawford and his other charge Lombard Risk (LRM). I look at Coral Products (CRU) where you need to dig beneath headline numbers and then I comment on Optibiotix (OPTI)

Zak Mir's Bulletin Board Heroes: Alba Minerals, Coral Products, Finnaust, Mariana Res, Pantheon Res & Tek Capital

Featuring shares in Alba Mineral Resources (ALBA), Coral Products (CRU), Finnaust Mining (FAM), Mariana Resources (MARL), Pantheon Resources (PANR) and Tek Capital (TEK) with share price targets set for all six stocks.

TYM
TYM

Zak Mir's Great Request Show: Coral Products, Distil, Tertiary Minerals

If you want me to analyse a stock for you just drop me a line at sqmir@hotmail.com - Today I look at shares in Coral Products (CRU), Distil (DIS) and Tertiary Minerals (TYM) setting share price targets for all three stocks.

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CRU

Zak Mir's Bull Call of the Day No. 1: Coral Products: Above 20p Targets 40p

Shares of Coral Products have been a bullish contender for so long that we are forced to use the weekly chart time frame.

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CRU

Zak Mir's Bull Call Of The Day No.1: Coral Products: 2014 Price Channel Target At 30p

Although there is not exactly a wealth of historical data on the daily chart of Coral Products, it can be seen how the shares have in their own way delivered most of the major bullish signals over the past year.

CRU
CRU

Zak Mir's Bull Call Of The Day No.2: Coral Products: Broadening Triangle Points To 25p

The only problem for the Coral Products journey to date is the way it has been a slow burn to the upside, despite the big buy signal which was delivered in June this year.

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CRU

Zak Mir's Great Request Show: Coral Products, Deltex Medical, Totally

If you want me to analyse a stock for you just drop me a line at sqmir@hotmail.com - Today I look at Coral Products (CRU), Deltex Medical (DEMG), Totally (TLY)

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CRU

Zak Mir's Great Request Show: Accsys Technologies, Coral Products, Formation.

If you want me to analyse a stock for you just drop me a line at sqmir@hotmail.com - Today I look at Accsys Technologies (AXS), Coral Products (CRU), Formation (FRM).

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